The two methods of accounting for uncollectible receivables are the allowance method and the:

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Quizplus · Accepted Answer

The direct write-off method is not an acceptable method for financial reporting purposes as it fails to match expenses with the revenue earned. The cost method and equity method are used for investments in securities. The interest method does not apply to accounting for uncollectible receivables. Therefore, the only appropriate answer is the direct write-off method.

The Two Methods of Accounting for Uncollectible Receivables Are the Allowance